The budget is being preseted today, can anyone update us on the rumour about the reduction of taxes to 50% for 5 years old imported cars and 25% for 10 year old cars?
[Mod Edit] Moved To Importing Vehicles
But I heard that customs duty on 5 year old cars was being reduced to 50% and 10 year old cars to 25%, was it incorrect?
well there is no reduction in suties infact duties are increased by 8.5% juz CVT is ended. 3 yrs old cars r restricted, thts it
MARKSYou do reply with detail and quick too. I pray and am sure you will grow and expand your business.What is the 3 year restriction, does it mean not more than 3 years old or HAS to be more than 3 years old.Can you please clarify?
thnx alviswell this means u can import 2004 model and onward, this means not more then 3 yrs old, even in this budget they ended tht penalty thing
What would happen if I brought a more than six year old car? You mean there would be no penalty or the car will be confiscated?
! No Cars older than 3 years are Allowed !
@ Alvistht car will not be get cleared, and tht car will be remain at port 4 ever, u will neva b able to get tht car at any cost, any penalty anything